Zscaler, Inc. — Director's Dealing 2020

Dec 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Zscaler, Inc. (ZS)
CIK: 0001713683
Period of Report: 2020-12-23

Reporting Person: Rajic Dali (Pres Go-To-Mkt/ Chief Rev Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-23	Commom Stock	M	31974	$49.59	Acquired	330587	Direct
2020-12-23	Commom Stock	S	14055	$207.1371	Disposed	316532	Direct
2020-12-23	Commom Stock	S	30945	$207.5397	Disposed	285587	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-23	Employee Stock Option (right to buy)	$49.59	M	31974	Disposed	2029-09-12	Commom Stock (31974.0)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.50 to $207.48, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.

F2: The price reported in Column 4 is weighted average price. These shares were sold in multiple transactions at prices ranging from $207.50 to $207.68, inclusive.

F3: One-fourth of the shares subject to the option vest on September 10, 2020 and 1/48 of the shares vest monthly thereafter.